July 9, 2021 |
Brazilian fuel distribution company BR Distribuidora could return to the capital markets to fund future growth plans, although it does not have any acquisition targets in its sights at the moment, CEO Wilson Ferreira Jr told LatinFinance.
"If convenient, BR Distribuidora may go to market, use its own funds or even seek financing," Ferreira said in an email, adding that right now there was "no deadline or any specific asset that would justify such a move."
In the meantime, BR has a stable cash fl
Brazilian fuel distribution company could finance its expansion plans in the capital markets, although it has no acquisition targets in sight, CEO says